Virtual Media Holdings changes name

Shareholders approved a name change for Virtual Media Holdings Inc., reflecting its merger with Biomass Waste Management and its plans to build biomass-to-power generation facilities across North America. The newly formed Biomass Secure Power Inc. is developing a 10-megawatt power plant in Abbotsford, British Columbia, which will provide water heat and carbon dioxide for collocated greenhouses, and electricity for BC Hydro. The plant plans to use trees destroyed by pine beetles as a feedstock, as well as other waste biomass streams.